Sugs Lloyd Ltd
Sugs Lloyd Ltd’s Half-Year Report: IPO Funds Utilization on Track 📊
- Submitted Monitoring Agency Report for H1 ending Sept 30, 2025, prepared by Acuité Ratings & Research.
- Raised ₹85.66 Cr via IPO: ₹64.00 Cr for working capital, ₹9.92 Cr for corporate purposes, ₹11.74 Cr for public issue expenses.
- Utilized as of Sept 30, 2025: ₹10.67 Cr (working capital), ₹6.33 Cr (corporate purposes), full ₹11.74 Cr (issue expenses).
- Unutilized funds: ₹55.00 Cr in ICICI Bank FDs (4% return), ₹1.92 Cr in current accounts.
- No material deviations, delays, or unfavorable events reported.
- Monitoring Agency confirmed compliance with Offer Document disclosures; no shareholder approval needed.